The financial analysis of a company involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our Danaos stock analysis. Balance sheet items like cash at hand, total assets and liabilities helps one analyze a company and summarize the financial performance of the company like we have in our Danaos stock analysis. Annual results announcements include the release of all three financial statements, of which the balance sheet is one. Danaos had a long term debt of $- at the end of 2016. To understand the debt servicing capacity of the company, one needs to look at Danaos operating cash flow and Danaos revenue also. Danaos debt to equity ratio is 4.25.

Assets: DAC total assets, which was at $3.13B for 2016 is a balance sheet item representing value of what Danaos owns. Assets are brought to aid a firms operations, or to increase its economic value. It must be noted that tech stocks may not have a lot of assets, as the value for these companies is often derived from future earning potential.

Liabilities include short term loans and long term loans availed by the company to fund its business operations. DAC stock had total liabilities of $2.64B for the year 2016.

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